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RADHIKA JEWELTECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of RADHIKA JEWELTECH is 24.69.

Share Price ₹106.3Dec 02,2024
Market Cap ₹1,254.3 Cr
Earnings-TTM₹50.8 CrTTM-Standalone Results
Price/Earnings24.69xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RADHIKA JEWELTECH

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of RADHIKA JEWELTECH is calculated as :

Current Market Cap [ ₹1,254.3 Cr] as on Dec 02,2024

(/) Earnings [ ₹50.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 24.69x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for RADHIKA JEWELTECH , the investors are currently willing to pay 24.69 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of RADHIKA JEWELTECH !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of RADHIKA JEWELTECH over the last five years.

Historical PE (Price/Earnings) ratio chart of RADHIKA JEWELTECH


PE Ratio Performance Analysis for RADHIKA JEWELTECH

- RADHIKA JEWELTECH 's latest p/e ratio is 24.69x.

- RADHIKA JEWELTECH 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.07x.

- RADHIKA JEWELTECH 's operated at median p/e ratio of 3.02x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RADHIKA JEWELTECH 's p/e ratio peaked in Mar2024 at 15.4x.

- RADHIKA JEWELTECH 's p/e ratio hit its five-year low in Mar2021 of 1.57x.


How does RADHIKA JEWELTECH 's P/E Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?

Peer Comparison (Diamond & Jewellery Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RADHIKA JEWELTECH 50.8024.691,254.3
TITAN COMPANY LTD3,242.0090.52293,467.0
KALYAN JEWELLERS INDIA LTD625.75119.0574,495.4
RAJESH EXPORTS LTD38.28181.086,931.2
SENCO GOLD LTD204.8943.588,929.9
THANGAMAYIL JEWELLERY LTD95.3657.615,493.7
PC JEWELLER LTD15.32604.609,262.5
GOLDIAM INTERNATIONAL LTD94.3239.613,735.7
DP ABHUSHAN LTD83.1241.183,423.1
ASIAN STAR COMPANY LTD73.3117.371,273.5
RENAISSANCE GLOBAL LTD75.5523.621,784.6

Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs RADHIKA JEWELTECH 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 17.37x
Max industry PE 604.60x
Median industry PE 43.58x
Average industry PE 112.99x



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